Nigeria welcomes International support to diversify economy

Ben Adam Shemang, Abuja

The international committee has been urged to support investment in the agricultural and solid mineral sectors as Nigeria moves to reduce dependence on crude oil.

President Mohammadu Buhari said the government would create enabling environment for local and foreign investments in farming, animal husbandry, fishery and the exploration of solid minerals.

President Buhari spoke at a farewell audience with the outgoing Ambassador of the Republic of Sweden to Nigeria, Mr. Svante Kilander in the State House.

Diversification
He stated that “a planned visit by some Swedish trade and investment delegations to the country later in the year, would further encourage the ongoing process of diversifying the Nigerian economy.”

President Buhari commended the Swedish government for the support extended to Nigeria in catering for the needs of the Internally Displaced Persons (IDPs) in the North-east and the ongoing reconstruction of the areas affected by terrorist attacks.

The Swedish Ambassador said his country was pleased with the sweeping changes taking place across the country with clear results in the fight against terrorism and corruption.

Kilander said that, “My country would continue to strengthen bilateral relations with Nigeria by encouraging more trade and investments.”

Mono-cultural economy
Similarly, receiving special envoys from President Salva Kiir Mayardit of the Republic of South Sudan and President Al-Bashir of the Republic of Sudan separately, President Buhari advised the two countries to avoid the trap of getting into a mono-cultural economy like Nigeria by diversifying their economies early.

The President also advised the two countries to be more vigilant on security by stemming the recruitment of young people by terrorist groups.

“Nigeria will continue to support the transitional government that had been put in place in South Sudan,’’ he stressed.

The leader of the South Sudan delegation and a Senior Presidential Adviser on Peace, Mr. Nhial Deng Nhial and the leader of the Sudan delegation, Ismail Abdul-Raheem assured President Buhari of their commitments to strengthen bilateral relations.

Abdul-Raheem is also Sudan State Minister, Foreign Affairs.

Both envoys commended Nigeria for the leadership role it had played to ensure peace and stability in their countries.

 

Sammie